We know that demonetization was an unmitigated disaster.
Instead of ending black money, it corrupted state-owned banks, plunged informal economy into crisis, damaged corporate balance sheets in ways we are only now beginning to understand.
What happens next in Kashmir?
Like demonetization, wildly popular in the moment, but a failed and foolish move?
- Sadanand Dhume, Times of India September 21, 2019.
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